Among your competing peers, the ones most likely to earn gold before their mid-career mark are the would-be investment bankers. Investment banking is the perfect blend of conventional salary security and lucrative gigs so you never really have to lose your wits over the looming recession threats. Here’s why getting an investment banking certification is worth its weight in gold.
An MBA Vs MBA +IB Certification
Jason Calacanis, a renowned Silicon Valley angel investor says “I do think that education has the worst value ratio”. MBA degrees have had their days in the sun. In disruptive times drawing a six-figure salary with a regular-cut MBA degree will be arduous if not impossible. The game has turned and a simple degree is unlikely to root you in your preferred career launchpad. Let’s take a look at the numbers:
A business school graduate on an average earns USD 150,000 a year whereas salaries for investment bankers come in two components: base salary and bonus. Graduate investment bankers who are worth their salt earn a base salary of USD 85,000- USD 100,000 and can boast a glistening paycheck of USD 200,000 (including bonuses and excluding pre-taxes and stubs). And just so to know where you are heading, an investment banking vice president drawing a base salary of USD 120,000 - USD 150,000 can take home USD 220,000-USD 400,000 per year. READ MORE